广东香山衡器集团股份有限公司关于回购公司股份比例达到1%的进展公告

Core Viewpoint - The company has initiated a share repurchase plan, with the aim of enhancing shareholder value and implementing employee stock ownership plans or equity incentive plans [2][4]. Group 1: Share Repurchase Plan - The company approved a share repurchase plan on April 18, 2025, with a budget between RMB 60 million and RMB 120 million, and a maximum repurchase price of RMB 35 per share [2]. - Following the completion of the 2024 annual equity distribution, the maximum repurchase price was adjusted to RMB 34.90 per share starting May 6, 2025 [2]. - As of October 13, 2025, the company has repurchased a total of 1,763,100 shares, representing 1.33% of the total share capital, with a total expenditure of RMB 56,736,520 [3]. Group 2: Compliance and Regulations - The share repurchase activities are in compliance with relevant laws and regulations, including the Shenzhen Stock Exchange's self-regulatory guidelines [4][5]. - The company has adhered to specific trading restrictions during the repurchase period, ensuring that repurchases do not occur during significant price-impacting events or during restricted trading periods [6][7]. Group 3: Future Actions - The company plans to continue the share repurchase program based on market conditions and will fulfill its information disclosure obligations as required by law [8].